Financing offer with 0.95% for €710,000

  • Erstellt am 2022-01-14 19:15:37
O

Oetzberger

2022-01-15 15:44:19
  • #1
320k€ after 15 years of inflation are not incredibly tragic. And in addition to the special repayment, you can also save a little in ETFs so that you don't have to finance all of the 320k further. With that income, quite a bit is possible, and you can still live quite decently.
 
H

henning181

2022-01-15 22:15:43
  • #2
Hello, Hello, with that income and the possibility of "high special repayments" I would fix the interest rate for the entire term. Then you don't have to worry about it anymore and can take advantage of the "good net income". What I would check is whether you can actually have the house "built" within 20 months in the current situation, because if not, any interest advantage may quickly be lost as availability interest will become due.
 
H

HilfeHilfe

2022-01-16 14:43:16
  • #3
I would inquire with common brokers and a longer fixed interest period. In the end, every bank is replaceable and is defined by the conditions.
 
C

clausen77

2022-02-19 22:37:30
  • #4
Did you ultimately accept the offer? I think it’s great, especially the 20 months without commitment fees. We only had 12 months (actually a little more than 11 months because the contract issuance took some time). Due to delays in the building permit, we started construction 4 months later than expected and had drawn only just under half of the loan when the commitment fees began. Now with 0.25% per month, that’s quite a sum for us… the financing advisor told us that 12 months is usual…
 
H

Hendrik1980

2022-02-19 22:42:03
  • #5
Hello. Yes, we have accepted the offer and are very happy about it in view of rising interest rates. Especially since we do not have to submit invoices. Only after completion does an employee come and check whether the house was built approximately within the calculated costs. If after 20 months we have not yet drawn down the loan amount, we can also do so without proof to avoid commitment fees.
 
C

clausen77

2022-02-19 22:50:08
  • #6


That is great, unfortunately, that is not possible for us because receipts must be submitted. It is an important point to consider. Congratulations on the contract, the conditions are really good!
 

Similar topics
28.06.2013Construction financing / fixed nominal interest rate / commitment interest15
12.01.2015Conditions of banks, interest rate / term / special repayment39
24.08.2015Low repayment combined with regular special repayment15
26.04.2016Financing evaluation conditions - special repayment possible28
02.05.2016Financing offer special annual repayment possible14
29.08.2016Can we afford this? Income / Investment / Equity131
07.12.2016Make a special repayment or pay off the KfW loan?25
17.04.2017Is land and house construction possible with our income?43
25.06.2018Is financing for house construction realistic?15
03.11.2022Use special repayment or save to pay off a small loan?14
31.08.2018Financing over 10 years with 5% special repayment60
31.10.2019Special repayment KfW or save funds15
10.01.2020How much income do we need for our home loan?38
21.06.2022Special repayment, saving or consumption?369
21.04.2021Special repayment in the loan contract - experiences with financing46
15.02.2022Provision interest - loan amount24
15.12.2022Follow-up Financing 2030 Prepare Now Building Savings Contract/Special Repayment/Fixed Deposit64
01.07.2023Provision interest and deadlines of the house building company in the work contract13
20.08.2024Special repayment or ETF experiences?21
06.01.2025Special repayment for rented property19

Home financingHouse construction planningShell construction
Interior constructionCompanies and their work / products
Renewable energiesBuilding technology
Exterior facilitiesFlooringIKEA
Oben